Settings8H · net · $10k
Funding arb · Price arb /

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.005%
Price spread now: Binance against Extended+0.020%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$265as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2652.649% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.020%, 7d avg +0.004%
Together, before fees+0.045%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended B-USD0.20250.0840pay 0.0105% / 1h20m 54s$15K$117K5x
ShortBinance BUSDT0.20260.0837get 0.0418% / 4h2h 20m$11.7M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.66
Price spread: +0.020% → +0.004%
$1.61
Slippage, 4 orders
−$249.93
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$263.98
Costs to cover
2.649%
Break-even
never at this rate
Slippage from Extended: live order book, 64 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 64 min ago8.69 bp95.4 bp −$95834.4 bp −$8,344doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago2.47 bp25.9 bp −$26217.1 bp −$2,171doesn't fitdoesn't fit

B on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate B_USDT+0.0100%4h0.2023−0.113%$3.4M$593K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2021−0.197%$1.9M$71K10xas long as short
Bybit BUSDT+0.0717%4h0.2024−0.078%$1.8M$939K13xas long as short
edgeX BUSDC+0.0816%4h0.2026+0.054%$3K$391K5xas long as short
MEXC B_USDT+0.0830%4h0.2025−0.014%$968K$344K100xas long as short
Binance BUSDTshort+0.0837%4h0.2026+0.020%$11.7M$2.0M20x
Extended B-USDlong+0.0840%1h0.2025long leg$15K$117K5x
BloFin B-USDT+0.0847%4h0.2028+0.134%$596K$39K20xas long as short
BingX B-USDT+0.0880%4h0.2025−0.014%$1.2Mas long as short
Bitget BUSDT+0.0946%4h0.2026+0.035%$2.7M$231K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1328%4h0.2026+0.025%$1.9M$202K5xas long as short